Technical analysis by PropSignals about Symbol PAXG: Buy recommendation (2/4/2024)

**Monthly Chart** XAUUSD long-term bias is still high. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. While I am still looking for buying opportunity. **Weekly Chart** Last week candle closed as a bullish candle suggesting a continuation of the bullish move. Look to buy at a retracement. **Daily Chart** The bullish move shall continue next week. But be careful as the price approaches the daily MC candle around the 2090 level. Look for buying opportunities on 4H and 1H time frame.